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The following Information applies to the questions displayed below.) For each of the posting errors under parts (b) to (g), complete the following: 1. Enter

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The following Information applies to the questions displayed below.) For each of the posting errors under parts (b) to (g), complete the following: 1. Enter the amount of the difference between the two trial balance columns (deblt and credit) error. 2. Identify the trial balance column (debit or credit) with the larger amount If they are not equal. 3. Identify the account(s) affected by the error. 4. Indicate the amount by which the account(s) in column (3) is under-or overstated. Item (a) is completed as an example. a. $3,600 debit to Rent Expense is posted as a $1,340 debit. (1) Difference between Debit and Credit Columns $2,260 (2) Column with the Larger Total Credit (3) Identify Account(s) Incorrectly stated Rent Expense (4) Amount that Account(s) Is Overstated or Understated Rent Expense is understated by $2,260 9. b. $6,500 credit to Cash is posted twice as two credits to Cash. (1) What is the difference between Debit and Credit Columns? Difference b. $6,500 credit to Cash is posted twice as two credits to Cash. (1) What is the difference between Debit and Credit Columns? Difference (2) Identify the column with the larger total. Credit Debit None (3) Identify that account that is incorrectly stated. OOO Cash Revenue Cash and revenue (4) Which of the accounts are overstated or understated and by what amount? (Select all that apply Cash is understated by $6,500 Cash is overstated by $6,500 Revenue is understated by $6,500 Revenue is overstated by $6,500 None f. $5,850 credit to Services Revenue is posted as a $585 credit. (1) What is the difference between Debit and Credit Columns? Difference (2) Identify the column with the larger total. None Debit Credit (3) Identify that account that is incorrectly stated. Cash Services revenue and cash Services revenue (4) Which of the accounts are overstated or understated and by what amount? (Select all that app Services revenue is overstated by $5,265 Services revenue is understated by $5,265 Cash is overstated by $5,265 Cash is understated by $5.265 Nona

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